The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-12-30
EXHIBIT 4

MfHlIlst june " 1908.
Whereas, The foregoing contract made
with q. II. i. Piper on March 81, 1883, as
per advertisement and award of contract
for the paving Of Second street from Pop
lar 10 Beale streets, was ordered by the
fire and police commissioners TO be sus-
pended for want Of means TO carry on the
work.
And whereas, The said o. II. p. Piper,
having at the time OF making OF contracts Il
large amount Of stone on hand, and in
obedience with terms and conditions OF
said contract having accumulated very rap
idly larger amount of stone with which
to carry out the contract Aforesaid;
And whereas, The fire and police COM
missioners having shown TO the said o. II.
L. Piper, by financial statement, their
inability to pay for the material and paw
ing Of the sIid street with the means now
on hand, or 10 be collected out Of the tax
levied for the fiscal year 1883;
And whereas. The said o. II. p Piper
having proposcdO TO the fire and police
commissioners, and TO the board of public
improvements, To proceed with and to
carry out 10 full and final completion the
contracts aforesaid. with such modilica-
lions in the specifications rs TO material in
foundation as now proposed, viz: seven
inches and sx-tcnlhs OF ishomingo gravel
Ms n sub.bisc for the bar or river gravel
aud one, Ia be estimated at 20 cents per
square yard additional 10 the contract
price OF II - per square yard. Said pro-
pOsal being ms follows That the back
axes for the VEINS 1879 S0.Sl-S2, collected
for May. lSS3, aud to be collected, and
amounting as per statement rem
dpred TO about one hundred and
twenty thousand dollars (Sl20, 0OOl,
- the amount OF said wages, which are
appropriated exclusively by law 10 lighting
and public schools. siid amount for 1879
aud 1880 being 10 per cent, and for 1881
and 1852 10 per cent. and II per cent. re-
sp'ctivcly Ol such collections, be pledged
Ia the payments ~ rapidly as collected, OF
he paving Aforesaid, and 10 this work
alasr nnil ifrc entire amount Of work en-
hrtccd IN this contract has been done aud
piid Tor, no other work 10 he contracted
Tor after this date 10 be- paid for out Of the
back tax collections aforesaid except rs
named and provided by law.
.Anl whereas. ~ we regard the proposal
of Mr. Piper ~ extremely liberal and
greatly to the Interest Of the Taxing Dis
lrici,
Therefore, he Il resolved, that we ac-
ccpt the proposition Aforesaid, and do
hereby pledge the back tax collections as
NAMED and provided to the said q. III. 4.
Piper, 10 the exclusion OF al other claims
~ work after this date and until all the
work embraced m this contract has been
done and paid for, II, however, being
agreed and distinctly understood that the
said q. II. i. Piper Is 10 hc paid Tor the
said work out NJ the back tax funds Tor the
wears named, "a they arr collected from
lime TO time and ~ rapidly n such col.
lcctions can he made, aud II IL also further
agreed and distinctly understood that hC
il To be paid from this fund only, and /,
not TO look for payment 10 any subsequent
or future tax lcvics.
In witness whereof We have caused the
foregoing TO be entered upon the minutes
oi tbs general council. and have signed oul
NAMES TO This agreement
DAVID T.. llADDES, President.
NJ. BURKE.
jams LEE, IN.
q. II. u. PirER.
a. 5. LiyEBNoRE.
CnAs. kNEY.
T. l.. CocnnAy.
/
l.. WALLACE.
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